May 15, 2020 / 11:45 AM / 10 days ago

BRIEF-Unipol CEO aims to pay dividend on 2019 depending on H2 market condition

May 15 (Reuters) - Unipol Chief Executive Carlo Cimbri tells analysts:

* AIMS TO PAY DIVIDEND FOR 2019 IF ECONOMIC SCENARIO IN THE SECOND HALF OF THE YEAR WOULD ALLOW IT

* ESTIMATES 85% OF UNIPOLSAI CUSTOMERS WOULD USE REFUNDS PREMIUM VAUCHER DUE TO LOCKDOWN, WITH AN IMPACT OF 120 MILLION EUROS

* COULD FURTHER INCREASE STAKE IN UNIPOLSAI IF STOCK PRICE IS UNDERVALUED

* NO SPECIFIC PLANS OVER UNIPOLSAI STAKE BUILDING OTHER THAN INVESTING PARENT COMPANY’S LIQUIDITY Further company coverage: [UNPI.MI> (Reporting by Milan Newsroom)

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